32 Nicholas St

New York NY 10301

1484 sq. ft.

2829 sq. ft.

Other

Currently for sale - view listing

Overview

Drive by only - Corner two-family semi-detached property featuring a 3-bedroom over 3-bedroom layout with an unfinished basement, permits have been filed for completion, offering additional living space and value-add potential (buyer to verify). Each unit offers a traditional layout with living room, dining room, kitchen, and full bath. Property is currently tenant-occupied on a month-to-month basis, providing flexibility for both investors and end-users (can be delivered vacant). Current rents are below market, presenting immediate upside with the ability to increase income and maximize cash flow. Additional features include one garage for potential extra income or storage, a private backyard, and a corner location that provides added light, privacy, and curb appeal. The unfinished basement offers further expansion potential, subject to permits and local regulations. Conveniently located near shopping, restaurants and transportation making it attractive for both tenants and future resale.